Randstad (OTCMKTS:RANJY) Shares Gap Up – Time to Buy?

Shares of Randstad Holding NV (OTCMKTS:RANJY) gapped up prior to trading on Monday . The stock had previously closed at $18.3150, but opened at $19.07. Randstad shares last traded at $19.0650, with a volume of 4,717 shares traded.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on RANJY shares. Zacks Research raised Randstad from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 9th. Kepler Capital Markets downgraded Randstad from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 16th. Finally, Morgan Stanley downgraded Randstad from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Randstad Stock Up 0.3%

The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.41. The company has a 50 day simple moving average of $19.20 and a two-hundred day simple moving average of $21.56. The company has a market capitalization of $6.69 billion, a P/E ratio of 100.05 and a beta of 0.89.

Randstad (OTCMKTS:RANJY) last posted its quarterly earnings data on Wednesday, October 22nd. The business services provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.04. The business had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.75 billion. Randstad had a return on equity of 8.92% and a net margin of 0.29%. As a group, equities analysts predict that Randstad Holding NV will post 1.63 EPS for the current year.

Randstad Company Profile

Randstad N.V. (OTCMKTS:RANJY) is a leading global provider of human resource services and workforce solutions. Headquartered in Diemen, Netherlands, the company specializes in connecting organizations with both temporary and permanent talent across a wide range of industries, including administrative, industrial, finance, engineering, healthcare and IT sectors.

The company’s service offering encompasses staffing and recruitment, inhouse services, professional and executive search, and managed services such as recruitment process outsourcing (RPO) and workforce management.